Rim Semiconductor Company (fka RSMI)

[wheels]

EeeDub,

Here is my guess. A search of the filings will reveal "the investors" have the option to buy $10,000,000 worth of shares at $.15. If the stock goes up, and if they exercise their warrants, we'll have the cash. No death spiral and no reverse split. If news pushes up the price, we'll have what we need to get to self-sustaining revenue without a reverse split.

Also, if there is a big order from a reputable company (like Embarq), I believe TSMC will direct bill the company making the order and give us our cut at the end. I believe precedent has been set for this.